Durbin on President Obama's budget proposal

By WEEK Producer

Durbin on President Obama's budget proposal

February 14, 2012 Updated Oct 26, 2013 at 2:25 AM CDT

WASHINGTON, D.C. -- U.S. Senator Dick Durbin is applauding the president's budget plan, stating the proposal will keep America on track to economic recovery.

President Obama unveiled his budget plan Monday. That plan proposes hundreds of billions of dollars in new spending, including $8 billion to train community college students for careers in health care, transportation, and manufacturing.

The budget calls for broad cuts in government and military spending, along with nearly two trillion dollars in tax increases.

Durbin said the budget makes smart investments for the future.

"You cannot borrow 40 cents for every dollar you spend in Washington and sustain economic growth in America. Period," said Durbin Tuesday. "But you also cannot balance the budget on the backs of the 12 million Americans out of work. The investments proposed in this budget will pay of in good businesses, good jobs, a good economy, and a better life for all of us."

The president's plan, along with discretionary spending caps in the Budget Control Act, is expected to reduce the deficit by $4 trillion over 10 years.

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